Repeating a recommendation made three years ago to Congress that federal financial regulators should be consolidated, the congressional watchdog Wednesday said again that doing so would address fragmentation and overlap in the financial regulatory structure. […]
The nation’s federally insured credit unions (FICUs) grew total assets by $75 billion, or 5.4%, to a total of $1.45 trillion and saw net income rise 25.8% during the 12 months ending Dec. 31, 2018, […]
The federal body that oversees state real estate appraisal programs published information Wednesday on the data and fees states need to collect to place appraisal management companies (AMCs) on the national AMC Registry, which opened […]
Two financial institutions received ratings of “outstanding” for their community reinvestment actions – and one received a rating of “needs to improve” – according to a list of Community Reinvestment Act (CRA) performance evaluations that […]
Counterfeit official bank checks using the routing number of Bremer Bank, NA, of Saint Paul, Minn. – 092005411 – are being presented for payment nationwide in connection with a variety of online auction and job […]
An enforcement order from August 2011 against Cogent Bancorporation, Inc. – formerly known as Pinnacle Bank Holding Company Inc. – of Orange City, Fla., was terminated last Friday by the Federal Reserve Board, the Fed said […]
Designations of non-bank financial firms as “systemically important” by a panel of federal regulators will be scrutinized in a March 14 Senate hearing. The Senate Banking Committee said the hearing will focus on the designations […]
What’s the official name of the federal consumer financial protection agency: CFPB or BCFP? The new director, at least, isn’t taking any chances – as her two-sided business card displays both, recent names of the […]
A discussion draft of legislation that would reverse Consumer Financial Protection Bureau (CFPB) actions carried out under the direction of “acting” director John (“Mick”) Mulvaney with respect to the bureau’s staffing, funding, operations, supervision, advisory […]
Ratings of “outstanding” for their compliance with community reinvestment requirements were earned by three banks – and one bank earned a “needs improvement” – in evaluations assigned to institutions by the federal insurer of bank deposits in […]
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